July 5, 2011 | by Tony Price
We previously mentioned that there was talk of Verizon discontinuing their unlimited data plan for smart phones. Verizon confirmed this rumor, and gave official details about their new tiered data plans. The team over at Fierce Wireless got the confirmation from Big Red, starting with a launch date of Thursday, July 7th.
While we were certain this change was coming to Verizon’s data plans, the pricing is what is getting all the talk. There will be four choices for customers:
- 75 MB a month for $10
- 2 GB a month for $30
- 5 GB a month for $50
- 10 GB a month for $80
While these plans may seem reasonable, there is another part of the equation. If you go over your allotment of data, you will be charged $10 for every gigabyte you go over. Many are calling this an outrageous charge, and I tend to agree.
The $10 overage charge only applies to the $30+ plans. For the 75MB/$10 plan, you will pay $10 more dollars for every 75 MB you go over.
It is important to note that any customer who currently has an unlimited data plan will have the ability to keep it. You can move it to a new phone, but don’t expect to be able to leave your unlimited plan and come back to it later.
There are also changed coming to their LTE mobile hotspot service. As of now, this feature is free and unlimited. Starting on Thursday, current customers will see a $30 monthly charge for unlimited hotspot use. New customers will see a price of$20 for 2 GB of tethering data.
The article at Fierce Wireless also reported that Verizon is planning shared data plans for multiple devices. Verizon did not provide a time table for this upcoming service.